Homestead
Tax Credit

Homeowners
in Arkansas may receive up to a $350 property
tax credit on their homesteads. Eligibility for
the credit is confined to a homeowner's principle
place of residence. A homeowner is defined as
someone who the owner of record, by deed or by
recorded sales contract, or the beneficiary of
a revocable trust owning the homestead. Nursing
home or retirement center residents who own a
home are also eligible for the credit; as are
people who have deeded theirs homes to others
while retaining a right to live in it until they
die (A Life Estate).

Only
one homestead per property owner is eligible to
receive the tax credit. If you have any questions
about the tax credit, or feel that you may be
eligible for it, please contact your local assessor's
office.